Markets

The latest news and analysis on stock market movements, financial markets, equities, currencies, commodities and properties
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Zemand Demands Stock Exchange for CEE

Czech President Milos Zeman has declared himself in favor of the merger of the stock exchanges in Prague and Warsaw.

May 24, 2013

FCC Wants Guggenheim Partners As Financial Ally

With debts having amounted to more than € 8bn, Spanish parent company of Alpine is now looking for potential financial partners.

May 24, 2013

bwin.party to Concentrate On Ten Markets Only.

After the weak figures in the first quarter, bwin.party CEO Norbert Teufelberger wants to get the online gambling provider back on track. However, the company also cast an eye to enter the US market.

May 23, 2013

Austrian Top Banker to Appear in „Offshore-Leaks“

For the first time, a European top banker appears in the “Offshore-Leaks” database. CEO of Raiffeisen Bank International (RBI) Herbert Stepic is coming under massive pressure.

May 23, 2013

Raiffeisen Centrobank to Join Prague Stock Exchange

Raiffeisen Centrobank joins the Prague Stock Exchange as trading member.

May 22, 2013

Bwin: Transaction In Own Shares

Transaction in 611,342 own shares.

May 22, 2013

Austria: Three Major Banks Have Made Their „Last Will“

Three Austrian banks have already made their „testament“. Erste Group, Raiffeisen and Bank Austria have presented plans for a possible restructuring. The plans are part of the future bank insolvency law.

May 22, 2013

Austria: Fekter’s Ambition to „Steer Hypo Group Into Safe Waters“

In the margin of the Council of Ministers, Finance Minister Maria Fekter announced that Austria will hand in the new restructuring plan for Hypo Alpe Adria Group to the EU Commission in the coming days.

May 21, 2013

Slovenia Hoping for Soon Recovery

Crisis-struck Slovenia intends to make more room financially by starting to privatize its state-owned banks. Experts regard the process to be carried out too slowly.

May 21, 2013

Austria: Preliminary Results on Hypo Group Expected Next Week

Hypo Group’s task force, appointed by the government, will present the preliminary corner marks next week.

May 17, 2013